Wednesday, February 21, 2018

Unlike Home Depot, Bentonville,AR-Based Walmart Had a Just Horrible Jan 2018 Quarter With Operating Income Down 28% and Net Income Down 41% and the Latter Had the Benefit of a Lower Effective Income Tax Rate in the Jan 2018 Quarter (20.3% vs 29.5%) Due to Walmart's US Federal Income Tax Benefit From the US Trump Tax Cuts Act